According to MP Doctor, as of 9:20 a.m. today, the KOSPI index stood at 7,043.44—down 8.20 points (0.12%) from the previous trading day—based on NextTrade (NXT) aggregate data. The index opened at 7,038.85, up 12.79 points (0.18%) from the previous trading day, and has been fluctuating between gains and losses as it searches for direction.
In terms of market participants, retail investors are net buyers by 411.9 billion won. Foreign investors and institutions are net sellers by 20.2 billion won and 396.9 billion won, respectively.
Overnight, U.S. stock markets fell for the third consecutive day as international oil prices and U.S. long-term Treasury yields rose in tandem. On the 9th (local time), the Dow Jones Industrial Average fell 0.77%, while the S&P 500 and the Nasdaq Composite Index dropped 0.48% and 0.64%, respectively.
Amid growing concerns over disruptions to crude oil supplies in the Middle East, Brent crude closed at $101.21 per barrel, up 3.36%, while West Texas Intermediate (WTI) crude closed at $96.05, up 3.25%. As analysts assessed that the U.S. Treasury’s repurchase of long-term Treasuries fell short of market expectations, the yield on the 10-year U.S. Treasury note surged to 4.857% during the trading session.
Han Ji-young, an analyst at KIWOOM Securities, stated, “We expect the domestic stock market today to give back some of the previous session’s gains, as it is influenced by weakness in the U.S. stock market due to rising oil prices and U.S. long-term interest rates, as well as supply-and-demand volatility in spot and futures markets stemming from the simultaneous expiration of domestic futures and options contracts.”
By sector, insurance is up 0.98%, finance is up 0.29%, real estate is up 0.16%, and electronics is up 0.13%. In contrast, construction is down 2.70%, and machinery and equipment (-1.96%), electricity and gas (-1.89%), and securities (-1.33%) are trading lower.
Among the top market capitalization stocks, SamsungElectronics(005930)is trading flat at 269,500 won. SK hynix(000660)(000660) is trading at 1,877,000 won, up 21,000 won (1.13%) from the previous trading day.
Samsung Life Insurance(032830)SK Telecom is up 1.98%, SKSQUARE is up 1.41%, SamsungElectronics(1P) is up 1.16%, and KB Financial Group is up 0.81%. On the other hand, SAMSUNG BIOLOGICS(207940)is down 1.03%, LG Energy Solution(373220)is down 0.40%, and SamsungElectroMechanics(009150)(009150) is down 0.21%.
At the same time, the KOSDAQ index stands at 820.82, down 9.55 points (1.15%) from the previous trading day. The index opened at 825.06, down 5.31 points (0.64%), and has since extended its losses. While retail investors are net buying 167.3 billion won, foreign and institutional investors are net selling 125.5 billion won and 35.8 billion won, respectively.
Among the top KOSDAQ stocks by market capitalization, Alteogen Inc.(196170)and ECOPRO CO., LTD(086520)are each down 1.61%, while ECOPRO BM CO., LTD.(247540)is down 1.39%. JUSUNG ENGINEERING Co.,Ltd.(036930)is down 2.42%, WONIK IPS Co.,Ltd.(240810)is down 3.16%, and HPSP Co., Ltd.(403870)is down 3.57%. On the other hand, Rainbow Robotics(277810)is up 2.02%, and ROBOTIS(108490)is up 7.26%.
